Right, so if you pick the absolute worst moment to buy, you still make a profit in 10 years. Sounds like a good bet to me, especially considering you have to live somewhere and pay rent or a mortgage.

No, you’d break even after 10 years, actually less than even due to inflation. Then add on top maintenance, property taxes, opportunity cost of your down payment (market was up 107% over that period).

Again, not saying you can make good money but there is no reason why the opposite can’t happen.

No one is saying it’s a sure thing, but the fact that you have to pick the absolute worst time, and it still is a positive return over ten years, really proves it’s a good bet.